Stocks Listing
1120.SR

Al Rajhi Banking and Investment Corporation

Share
1120.SR
$21.44 0.37%Last Updated Sep 28 2022 12:14 PM
1D Low / 1D High
Low:$21.20
High:$21.57
1D
0.37%
5D
4.84 %
30D
11.37 %
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Market Cap
$88,699,320,738
0.88 %
88.7 B
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Volume 1D
5,540,665
-
5.5 M
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Circulating Supply
4,137,090,012 1120.SR
4.1 B

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About

Al Rajhi Banking and Investment Corporation, together with its subsidiaries, engages in banking and investment activities in the Kingdom of Saudi Arabia and internationally. The company operates through four segments: Retail, Corporate, Treasury, and Investment Services and Brokerage. It offers current, affluent, private, ladies, business, and escrow accounts; personal, auto, home, car, real estate, fleet, payroll, POS merchant, contract, invoice, and working capital finance services; credit and debit cards; and vehicle, property, family protection, medical, personal accident, travel, marine and cargo, engineering, machinery breakdown, and professional liability insurance products. The company also provides documentary collection, letters of credit, letters of guarantee, supply chain finance, and e-trade services; cash management services; and investment products. In addition, it offers various corporate products, such as Bai Al Ajel, a financing facility that provides cash to customers; Murabaha contracts that allow customers to purchase raw materials, capital goods, and other consumables from local and international markets; Musharaka that enables customers to import goods and equipment; Istisnaa for financing real estate projects; Akar for investing in properties; and Erad that provides credit facilities against the assignment of rental income for a specific period for those interested in financing a real estate purchase. Further, the company provides treasury products, including direct investment, FX, gold trading, and bank notes; and mutual funds, investment, and local and international share trading services. It operates through a network of 591 branches. The company was founded in 1957 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

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